I don't think that's how it works. If it did, the commercial breweries would have to send special kegs / cases to places like Denver or Albuquerque. As far as I know, that doesn't happen. The way I understand it, the amount of CO2 absorbed into the beer is based only on the temperature and the partial pressure of the CO2 in the keg. That's not going to change no matter where you take the keg. Well, anywhere you're still going to be able to drink a beer anyway.
Of course, since your regulator probably reads gauge pressure (psig) instead of absolute pressure (psia), you still have to take the atmospheric pressure into account when serving or carbonating at high altitude. So if you want a level of carbonation equivalent to 10 psig at sea level, you're really looking for 24.7 psia in the keg.
Since the atmospheric pressure at 7,000 ft is only 11.3 psia, you're going to have to set your regulator to 13.4 psig to get the same effect if you want to store / carbonate at 7,000. By the same token, if you take the keg you've been storing at 10 psig at sea level up your regulator is going to read 13.4 when you hook it up at 7K. The last wrinkle is that the line balancing equations / calculators are set up for psig, so you're going to need longer lines at altitude to serve the beer at the same volumes of CO2.
So to recap:
- Your regulator reads psig (gauge pressure) which equals psia (absolute pressure) minus the atmospheric pressure.
- "Standard" atmospheric pressure is 14.7 psi at sea level
- You can find the standard atmospheric pressure for any given altitude by using the standard atmosphere tables, or using a calculator like this one:
http://www.digitaldutch.com/atmoscalc/
- To adjust the force carbonation charts for your altitude, add 14.7 to the chart pressure to get psia, then subtract the standard atmospheric pressure for your altitude to get the new psig required.
- Set your regulator to the new psig and balance your lines accordingly.
Edit: I just took a look at the tables and it turns out that they're fairly linear. So instead of doing all that above, you can just add 1/2 psi to the chart number for every 1000 ft of altitude to get the new pressure you should be reading on the regulator.